For SaleExcellent Deal55 days on market
116 HIBISCUS Street
116 HIBISCUS Street, Palatka, FL 32177, Palatka, FL 32177
$127,500
Listing Price
116 HIBISCUS Street, Palatka, FL 32177
Loc: Palatka, FL
Days Listed
55
Tax Assessed
$104k
Lot Size
8,276 sqft
Rent Estimate
$1,571/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
James A. Long Elementary School
K-6
1.2 mi away
3
Palatka High School
7-12
0.5 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle storyhorizontal wood sidingstucco chimneycovered porchconcrete drivewayminimalistmid-century modern influenceshaded yardmature treescasement windowssuburbansimple facade
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 10/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
9.17%
Total ROI
158.3%
Cash Flow
$313/mo
DSCR
1.47
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $313/mo net cash flow with a 9.2% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (9.2%)
- • Strong rental demand in Palatka
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-08 | Price change | $127,500 | $102 |
| 2026-08-26 | Price change | $129,900 | $104 |
| 2026-08-09 | Price change | $139,000 | $111 |
| 2026-08-01 | Listed for sale | $140,000 | $112 |
| 2007-10-11 | Sold | $99,900 | $80 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $730.92 | $104,130 |
| 2023 | $716.54 | $96,310 |
| 2022 | $697.7 | $85,230 |
| 2021 | $715.76 | $68,130 |
| 2020 | $774.67 | $63,650 |
| 2018 | $771.83 | $55,660 |
| 2017 | $771.83 | $51,070 |
| 2016 | $779.19 | $50,020 |
| 2015 | $757.13 | $54,425 |
| 2014 | $862.05 | $55,272 |
| 2013 | $0 | $55,602 |
| 2012 | $0 | $55,346 |
| 2011 | $0 | $59,329 |
| 2010 | $0 | $65,218 |
| 2009 | $0 | $66,281 |
| 2008 | $0 | $75,450 |
| 2007 | $0 | $68,984 |
| 2005 | $0 | $56,262 |
| 2004 | $0 | $32,185 |
| 2003 | $0 | $31,585 |
| 2002 | $0 | $30,845 |
| 2001 | $0 | $30,359 |
| 2000 | $0 | $29,475 |
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